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Home » Odisha Forms High-Level Panel to Speed Up ₹17 Lakh Crore Industrial Projects

Odisha Forms High-Level Panel to Speed Up ₹17 Lakh Crore Industrial Projects

Ananya Pattnaik by Ananya Pattnaik
April 13, 2025
in Odisha, Trending Now
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In a major push to fast-track investments and job creation, the Odisha government has constituted a 17-member high-powered task force to expedite industrial projects worth over ₹17 lakh crore.


The committee, chaired by the Chief Secretary, aims to enhance inter-departmental coordination, resolve procedural hurdles, and ensure smooth implementation across key sectors such as mining, energy, infrastructure, and land acquisition.

Focus on Mega Projects and Employment Generation

The task force will closely monitor projects under national platforms like the Project Monitoring Group (PMG) and PRAGATI to enable swift problem-solving and timely clearances. This initiative comes on the heels of Odisha securing significant investment commitments — ₹16.73 lakh crore at the Make-in-Odisha Conclave 2025, along with another ₹1 lakh crore announced just last week.

Together, these ventures cover over 593 projects across more than 20 sectors, with a potential to generate over 12.88 lakh jobs, bolstering the state’s economic trajectory.

Major Investment Gains in Delhi

At a recent investor meet in New Delhi, the state inked 13 Memorandums of Understanding (MoUs) worth ₹1.03 lakh crore. Key signatories included Indian Oil Corporation (IOCL) and Petronet LNG, marking a significant leap toward Odisha’s goal of becoming a petrochemical and manufacturing hub. These agreements alone are projected to create 67,000 jobs, with 15 more proposals in the pipeline promising another 95,915 employment opportunities.

New Land Policy to Support Project Grounding

To address project delays, particularly around land and environmental clearances, the government has rolled out a tiered land allotment model — 30 acres in 30 days, 50 acres in 50 days, and 100 acres in 100 days. This reform is expected to accelerate the grounding of critical infrastructure projects, including those in railways and highways.

The formation of the task force marks a strategic step toward transforming Odisha into a high-growth industrial powerhouse with streamlined governance and investor-friendly reforms.

Tags: industrial projectslatest newsodisha
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